all 3 comments

[–]BravoVictor 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The sanctions are more like -$2, since Russia has plenty of other countries willing to buy their oil, and US sanctions just raises the price of oil for everyone else, meaning Russia gets more money.

[–]Tiwaking 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

“I mean he’s taking over a country for $2 worth of sanctions,” Mr. Trump said of Mr. Putin to donors and Republican lawmakers at Mar-a-Lago, his private club, on Wednesday. “I’d say that’s pretty smart.”

He's not wrong. $2 worth of sanctions isnt going to stop any country. This war should never have happened. My friend in the Ukraine is currently in Poland as a refugee. I would like for him to come to New Zealand as a refugee.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

We can see from the USD/RUS and MOEX indexes these sanctions just aren't working.